Even though the GST rate for trust distributions to grandchildren in 2010 was 0%, these distributions are required to be reported on a Form 706-GS(D-1) or 706-GS(T). No tax will be due. However, a trustee who fails to file a return will be guilty of a misdemeanor and can be fined up to $25,000 (or [...]

About 1.76 million financially pressed homeowners received permanent loan modifications in 2010, well exceeding the number who lost their homes to foreclosure but also well below the number who were served with foreclosure papers for the first time. The figure represents an increase of more than half a million permanent loan modifications over 2009, virtually [...]

December is a month of celebrations and holidays. The list of December holidays for 2010 includes much more than just the standard holidays. For most everyone, there is something to celebrate in December holidays for 2010. Month-long December holidays 2010 The December Holidays for 2010 include several month-long celebrations. December is Universal Human Rights Month, [...]

Saving money can sometimes be a pretty difficult task – particularly at a time like now when prices seem to be rising. So, how could you save money in 2010? Take a look at these handy tips and see if you can save some money this year. Invest in your home. If you haven’t already [...]

Biz Predictions For 2010 Newsweek put together a list of business predictions for 2010. 10. The New York Times Charges for Web Content 9. Comcast Will Fire Jeff Zucker 8. Boeing Will Soar 7. Unemployment Drops Below 9 Percent 6. Derivatives Remain Largely Opaque 5. Cap and Trade Won’t Pass (But It Won’t Matter) 4. [...]